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Velocity Trade regulation & licences

Multi-asset broker Founded 2005 🇿🇦 South Africa

Licence ScoreModerateHow it's calculated

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Licences on record 1

2 Tier 2 — strong regulation

FSCAFinancial Sector Conduct Authority🇿🇦 South Africa
Reference: check the register
Compensation: No compensation scheme; FAIS Ombud handles complaintsNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

Velocity Trade is a multi-asset broker founded in 2005 and headquartered in South Africa.

In our database Velocity Trade is matched to 1 licence from FSCA. Its strongest licence comes from the FSCA, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

None of the regulators we have matched to Velocity Trade operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.

Velocity Trade offers its own proprietary platform.

Regulatory strengths

  • Holds tier-2 licence (FSCA)
  • Operating for about 21 years

Points to check

  • No statutory compensation scheme at any matched regulator

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Velocity Trade regulation FAQ

Is Velocity Trade regulated?

Yes — in our database Velocity Trade is matched to 1 licence: FSCA (South Africa). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is Velocity Trade a tier-1 regulated broker?

No. None of the licences we have matched to Velocity Trade is from a tier-1 regulator. Its strongest licence is tier 2.

Does Velocity Trade accept US clients?

Velocity Trade is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Velocity Trade generally cannot accept US retail forex clients.

Is my money protected with Velocity Trade?

None of the regulators matched to Velocity Trade in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

How can I verify Velocity Trade's licence?

Find the company name and licence number in Velocity Trade's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.